Indian shares are seen opening little changed on Wednesday after two consecutive heavy sell-off sessions. A cautious undertone may prevail as oil prices remain elevated and stronger U.S. inflation data reinforced bets that the Federal Reserve may have to raise interest rates next year.Benchmark indexes Sensex and Nifty plummeted by 1.9 percent and 1.8 percent, respectively on Tuesday to extend los...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.